Specialized Automated Testing Services for BFSI - Enhance Financial Software Reliability
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Automated Testing Services for BFSI

Embrace the future of BFSI testing with confidence

5.0

37 reviews

Software testing company with 5-star reviews on Clutch, GoodFirms, and G2.

Years on the market

14 +

Software QA engineers

200 +

Locations

6

Projects tested from scratch

300 +

Integrations into an existing development & testing process

200 +

Clients over the globe

300 +

BFSI testing refers to testing activities specifically tailored for the Banking, Financial Services, and Insurance (BFSI) sector. It plays a crucial role in ensuring the integrity, security, and reliability of financial systems, promoting compliance, and ultimately fostering customer loyalty. BFSI testing is the key to a robust and trusted financial ecosystem.

What Features Need To Be Tested?

Simplicity of data analysis

Real-time data exchange between online and mobile

Instant notifications of all sorts

Streaming data

Wide functionality and integration

Personalisation

Authorization

Identification

Two-factor authentication

Security

Data protection

Payment Integration

Reporting and data visualization

Data encryption

Cyber attack protection

Biometric security

Third-party services integration

BFSI Software Applications We Test

Banking Applications

Online Banking Software

Mobile Banking Applications

Credit Card and Loan Processing Apps

E-Wallet

Corporate Banking Software

Finance Applications

Financial Accounting Software

Trading Applications

Capital Market Software

Wealth Management Applications

Payment Gateway Software

Customer Management Software

Micro-finance Applications

Insurance Applications

Underwriting Software

Claim Management Software

Quoting Software

Policy management Software

FinTech Applications

Digital Payment Systems

RegTech

InsureTech

Decentralized Finance Apps

Banking as a Service (BaaS)

Our Solutions For Your BFSI Testing Challenges

At DeviQA, we understand the unique QA challenges faced by BFSI entities and are here to efficiently address these challenges with our automation testing.

Complexity of Regulatory Compliance Testing

Challenge

Financial institutions face rigorous regulatory requirements. Ensuring that your systems adhere to the latest standards can be a daunting task, leading to delays and potential non-compliance issues.

Solution

Our advanced testing solutions incorporate automated regulatory compliance checks, reducing the time and effort required to ensure your systems adhere to the latest industry standards. This not only accelerates a testing process but also minimizes the risk of non-compliance.

Data Security Concerns

Challenge

The BFSI sector deals with sensitive information and financial transactions. Traditional testing methods cannot identify and mitigate all potential security vulnerabilities.

Solution

Leveraging state-of-the-art security testing tools, we identify and address vulnerabilities in your BFSI applications. Our comprehensive approach ensures that your systems are resilient against potential security threats.

Dynamic Market Demands

Challenge

The financial landscape is ever-evolving, with rapid technological advancements and changing customer expectations. Adapting to these dynamic market demands and ensuring that your software remains competitive requires agile and efficient testing processes.

Solution

Embrace the dynamic nature of the BFSI sector with our agile testing methodologies. Our testing processes align with your development cycles, ensuring that your software can adapt quickly to market changes without compromising on quality.

Our Scope Of BFSI Testing Services

Our comprehensive testing solutions cover all needs of the BFSI domain, enabling you to confidently navigate the digital financial landscape. Here's a glimpse into the various testing types we expertly perform:

Functional Testing

We meticulously evaluate every function to ensure it performs as intended, allowing you to deliver software with excellent user experience.

Performance Testing

We assess the robustness, scalability, and responsiveness of your applications, ensuring they can handle high loads without a hitch.

Security Testing

We scan your software to identify vulnerabilities and safeguard it against potential hazards. Be confident that your BFSI systems are securely protected against all possible cyber threats.

Cloud Testing

We validate the seamless integration of your BFSI applications with cloud platforms, ensuring optimal functionality in a dynamic environment.

PCI Testing

We help you adhere to Payment Card Industry Data Security Standard (PCI DSS) requirements, securing financial transactions and building trust with your customers.

Business Process Testing

We identify bottlenecks, streamline workflows, and optimize your BFSI applications to enhance operational efficiency.

Partner With Us: See the Difference

Test coverage :

90%

Before
After

2.5 weeks to run regression testing

4 days to run regression testing

7 days to run smoke testing

1 day to run smoke testing

Outdated test cases

60% increase in the number of regression tests and relevant test cases

50% test coverage

90% test coverage

Supported localizations were not tested

27 localizations supported by QA engineers

No automation testing

>1500 automated test scenarios created

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Dev capacity:

+15%

Before
After

Didn’t have a formal QA process

Built smooth and well-working processes

Didn’t make automated testing

Test automation : smoke, API, UI on all supported browsers

Testing was carried out by the devs

Full coverage of the application by test cases

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Test coverage :

97%

Before
After

Existing workflow in Jira didn’t allow to understand how many bugs were left unfixed before the release and their priorities

Adjusted the Jira workflow, integrated TestRail with Jira to be able to see statisticls of the issues per release

The lack of test documentation

Developed necessary test artifacts that adhere to industry standards and are easily maintainable

No Automation test coverage

Added multithreading to run tests in parallel on 10 different threads, which reduced the time of the test run in 7 times

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